Brazil: gMOP demand strong but pressure remains

摘要

Demand for granular MOP from endusers remains strong in Brazil although product movement has slowed this week, sources reported. Brazil still has high gMOP inventories although these are likely to be brought down if demand remains strong over the next few months. Inventories are estimated to have been around 1.76 million mt at the end of May, according to a source in the country.